Production next week. Now we dont know which ones are going to be built but we just know for boeing which has had rapid troubles over the past year and a half or so to say nothing of the virus shutdown here, but this is welcome news, certainly for the markets and of course the biggest advance today is Gilead Science drug that is showing promise, or could be effective against the coronavirus, its out there a number of other medical concerns that are also involved in the hunt for a vaccine or a treatment and there are a variety of them out there half a dozen is coming up here and i will explain a little bit later but its what gilead is doing thats getting a lot of attention as we stressed so many times here regardless of the stimulus around the virus, what will really move the markets and connell ly proven to be the case is progress on dealing with and or treating the virus so this gilead news is big news in need, Jackie Deangelis on that and much more. Jackie theres optimism in the market today to close out the week, and yes, since the highs in february stocks are definitely lower take a look at some of these numbers, the dow lost just under 20 s p down 15 the nasdac also 12 and since those bear market lows we are seeing green. You can see the dow is up almost 30 , the s p 26 and the nasdac up 25 so in some ways its a tail of two markets here but you mentioned the gilead trial and thats really important today too, optimism about the coronavirus about treatment for it and theres so much out there that this drug trial gilead has been doing might be effective and the university of chicago did a phase iii test that showed test patients saw rapid recoveries using the treatment but it looks like those results were leaked. Gilead is not actually commenting on this , and the danger with trials of course is that they are incomplete and in conclusive and trials, but still, taking this as a sign of hope that things are going to get better that something could be on its way and that would mean we could get the economy going a little bit faster as well and thats what the stark watch is for but as you mentioned there are at least 21 other Companies Working on therapy, vaccines, treatments and there is also in terms of how stocks are performing are different with doubledigit gains and then stocks that are trading lower in the red, but weve digested some bad news this week, jobs, 22 Million People out of work, retail sales , saw that plunge, larry kudlow this morning saying yes, Second Quarter is going to be pretty awful and may is a transition month which you know what the market has priced that in and they actually like the honesty in terms of how the timeline is going here and how things are progressing, neil so you can see were trading up 368 points on the dow. Neil well they are definitely looking for promise and at least theyre working on multiple possible treatments there. Thats good enough certainly for the markets for the time being. Well see if it pans out jackie thank you very much. Jackie deangelis. Lets get the read from the former Human Services secretary under President Trump he joins us right now, secretary good to have you. Thank you. Neil we dont know much about this particular drug from gilead but we do know that others are working on similar remedies, i could go on and on. What do you make of what youre hearing right now, sometimes to get to fruition and past Clinical Trials it could be many months up to a year, no way of knowing but what do you think . Well this is fascinating because what were watching right now is the research and development of new drug or drugs playing out in public, which the public never sees. This isnt an exact science. It goes in fits and starts and i think it will give folks an opportunity to gain a much greater appreciation of the challenges that exist but its going to be a long process. There will be a lot of setbacks and folks need to be prepared for that. Its important not to get frustrated and that patients in cooperation in all of this in terms of the Infectious Disease is the buy word. Its incredibly important and thats not necessarily the strong suit for a lot of folks. Neil you know, when we hear a company likemoderna is getting 483 million separately for a virus vaccine under development, how does the government make those calls or what does it see from your days running, how do you see this looks promising, this looks like it might be worth some government help to push it along, how do you decide that . Well an incredible amount of work goes into that. That money is coming through the nih, the National Institute of health and scientists are looking at all of the studies going on in realtime are over and over and over and when they identify something that they believe shows significant promise, then thats where they put resources because those resources are obviously finite, and in modernas case,ni h obviously sees something that demonstrates to them that there may be promise with a vaccine through that company and consequently theyre putting greater resources, resources that have been brought to bear on this , on covid19 are really important for the American People to appreciate because what that means is that theres going to be a whole lot of opportunity to look at more and more Treatment Options and vaccine trials that need to go forward, because we dont get to the end of all of this until we have a high quality treatment and or a vaccine that will make it so that folks have immunity to it, so again what folks are watching is just the normal routine process of scientific development, research and development of new medications, new drugs coming online, but its being played out in public, in a way that weve never seen before. Neil you know whats interesting, lets say that you come up with a vaccine, to your earlier points and interviews as well but once that happens then youve got to get it out to the public and now it can mass produce a vaccine, if this particular vaccine is working to the tune of 600 million doses come next year , but that means the vaccine is out in this particular case, but then you wait for the company or Companies Involved to mass produce it so its quite a multistage event isnt it . It is and we see that frankly play out every single year with the normal influenza, the flu vaccine, every fall theres a new vaccine that comes online and the work thats been done in the prioryear to figure out whats the best way to formulate that vaccine, and then there are millions and millions of doses that are produced, so that we can be safer, as it relates to influenza which again continues to be a severe challenge for not just the United States, but the world every single year, so vaccine companies, sanofi and others clearly have the capability to produce hundreds of millions of doses of vaccines once we determine the one that is most effective for the coronavirus, which i think we will. I think that will come. This is not something that the coronavirus is not something thats absolutely new. This is a new kind of virus but its not a new family of viruses , but remember that we dont have a vaccine yet for the common cold which is a coronavirus. Neil right. Some viruses allow themselves the opportunity to make a vaccine against, some dont and thats what this science is that were watching in realtime played out in public. Neil as a doctor and going beyond your days in congress and Running Health and Human Services, do you feel that its inevitable even though it might be economically important, that when we get back to unwinding some of these stayathome provisions that there will be a spike in cases . That thats unavoidable . Well i dont only think its unavoidable. Its actually the natural course of a new Infectious Disease. The first step in all of this is mitigation which is the physical distancing that were undergoing and then the next step is the detection, the testing to make certain that we know who has it so that you can then trace that at those individuals and the people that they came in contact with and then treatment and then prevention of the vaccine, but in that process , obviously, youre going to, there are going to be some false positives, some false negatives and again this isnt an exact science, and so there will be individuals who believe that they have immunity, who the tests have shown have immunity, that will likely get infected, and then youll have another potential for another spike, and thats the normal course for new Infectious Disease, so would not be unusual in fact we often anticipate that and again thats why i said patients and cooperation is absolutely the key because thats whats required of a population in order to get through a new Infectious Disease. Neil secretary, thank you very very much, good catching up with you and learning a few details about how this will rollout when it does come to that, so as we already know that the president has already said in his reopening plan for america that the governors will eventually be calling shots and some of them are doing it in the large groups in new jersey, connecticut, rhode island et cetera and out on the west coast, california and oregon and Washington State and now in the midwest with the likes of ohio and wisconsin and michigan et cetera are kind of joining forces to see how they would respond collectively as a Geographic Group to all of this , and grady trimbul following all of that from chicago. Reporter neil the president encouraging each state in the different regions of the country to work together, but in the midwest in particular , theres growing frustration, there have been many protests of people calling for the rollback of those restrictive stayathome orders and today in minnesota in just about an hour theres a protest planned another one planned in kentucky and also one expected in missouri early next week. Of course these protests follow that massive protest in lansing, michigan as thousands of people showed up in their cars and trucks to protest governor Gretchen Whitmers stayathome order there. The president tweeting moments ago, liberate michigan, liberate minnesota and virginia and saying yesterday he understands each states frustration. President trump its been a tough process for people. I told you theres death and theres problems in staying at home too. Its not just isnt it wonderful to stayathome. Theyre suffering. This country wasnt built on that principle. It was built on an exact opposite principle. Reporter more on the midwest states forming that coalition to reopen their economies. I want to show you a map that illustrates that their stayathome orders kind of all end at different times so we wont see one mass reopening. For example, republican Governor Mike Dewine of ohio he plans to reopen the state economy on may 1. Governor whitmer was asked about that timeline in Good Morning America this morning. I do hope we have some relax ing come may 1 but its two weeks away and thats information and data an the ability to test is chang ing so rapidly its hard to tell precisely where well be in a week from now much less two weeks. Reporter and when states do eventually reopen governor dewine stressing they are going to look very different from what we were used to before all of this happened for example , social distancing will still be in place many people will be Wearing Masks and physical barriers at some working places as well. Neil . Neil all right, grady thank you very very much. A lot of criteria the governors are free to seize on to justify a decision to slowly reopen their states and eventually the entire nation. One of the things they look at is they declined at least in the increase in cases and in deaths, but this can be sort of like a dicey issue especially when were hearing from new york Governor Cuomo right now that statewide total hospitalizations which is if you think about it how all of this starts they ticked down, again. Now this is where it starts where you are carrying or testing positive of the virus and its serious enough you have to go into the hospital. Those hospitalizations, the entry point if you will, and the treatment have slowed fairly dramatically in new york. The lagging indicator and i know this sounds a bit, but deaths are increasing at a rate right now that is not the governor is liking satisfactory and they rose by 630 in the latest on april 16. That be yesterday versus an increase of 606 the day before. It is not unusual, doctors tell me, that youll have a continuing jump in deaths, even as the entry point, the number of hospitalizations, continues to go down and down from what it was the day before, so youre going to get competing data, one showing an increase of a daily basis in the number of deaths versus an improvement, a fairly dramatic one in the case of new york being played out in a lot of other states as well where the hospitalizations themselves are declining. These are the kind of things the governors have to weigh when they decide if and when to open things up, and we are joined of course you remember the former minnesota governor president ial candidate the former Financial Services roundtable ceo. Governor always good to have you and thank you. Im wondering if you were back in the state mansion, executive mansion looking at some of the criteria that would decide when you kind of reopen, or get your residents back to something of what they are before, it be very different, but what would you be looking at , what do you think governors should be looking at . Always good to be with you neil and of course this is a classic balancing test between on the one hand human health balanced against our Economic Health and its not a onesizefitsall exercise. Thats why having some variability across the country is probably a good thing because whats happening in manhattan, maybe geographically and from a human health standpoint very different from whats going on in a remote part of wyoming. Similarly, different states are going to hit their peak challenge point at different times, so in terms of the roadmap, or the framework, do we have adequate testing and if its not adequate to have the ability to detect in realtime developing patterns, and are we making sure we dont overwhelm the healthcare system, number three, are we making sure we have plans in place to protect and continue to emphasize protecting the most at risk and then also as we return to work and we should, in reasonable order here, can we make sure there are practices articulated and expected and implemented for distancing and safe practices at work. Neil you know, a rolling or staggered opening up of the country certainly wise because each state is different, i understand that, governor but it also would delay the economic recovery. Are you concerned, again, with the first and foremost focus on making sure were medically doing this right and not endangering folks but the v shaped recovery the president hopes or a lot of people hope for will not be realized. Its just statistically impossible. I think from an economic standpoint, neil youre seeing of course the stock market react to sort of daily news, you mentioned earlier the trials taking place with the remdesivir which is the gilead drug which was an ebola drug which is showing some promise on not yet a trial basis, i think its going to be very difficult with 20 unemployment and a lot of that coming back on in phases or staggered to say were going to have a sharp recovery. I just dont see that. I think its going to take a little longer hopefully short as possible but lets be candid with each other and your viewers the idea youll take a 20 Unemployment Rate and turn it around overnight or a very short amount of time is just not realistic. Neil governor, my best to you and your family, but thank you again, sir, the former minnesota governor and he touched on the staggered rollout, thats staggered for restaurants as well. They will be part of this phase i, you know, opening, but again, with some limitations. Its something thats better than nothing but a major league on what he makes on that and how hes preparing for that, after this. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Our Retirement Plan with voya gives us confidence. We can spend a bit now, knowing were prepared for the future. Surprise we renovated the guest room, so you can live with us. Im good at my condo. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Neil all right, take a look at whats happening to the dow jones industrial. Were going to end the week on a strong note of the 400point run up in the dow a huge chunk of that i dont know the exact percentages our Charlie Brady our stock senator does but earlier it was accounting for 100 points of the dows advance but suffice it to say just news that boeing is going t resume jetliner production some time next week thats all the market had to hear because whenever you think of boeing a company of that size and all of its difficulties, now saying its going to resume trying to make planes again well that was greeted favorably and that of course the promising news on the drug front with a potential treatment, vaccine, symptom addresser, if you will, out of Gilead Sciences hard to tell because the company isnt saying anything but the stock is running up and now thats not part of the dow but it is lifting some related medical issues here. One other thing i did want to stress as i look at the dow just shy of 24,000, keep in mind at its lows